How much does a partner make in McKinsey?

How much does a partner make in McKinsey?

McKinsey Partner & Director Salary McKinsey Partners and Directors in the US may earn up to $1,300,000 per year in salary, with $1,000,000 base and $300,000 performance bonus.

How much does a partner at Bain and Company make?

The average salary for a Partner is $188,723 per year in United States, which is 35\% lower than the average Bain & Company salary of $291,825 per year for this job.

How long does it take to become a partner at Bain?

Consulting firms typically have 6 roles from entry-level to partner. Moving from one position to the next typically takes 1 to 3 years. So becoming a partner can take 10+ years, depending on your starting level and speed to promotions.

How long does it take to become partner at McKinsey?

If you begin your career at McKinsey, you can expect to be elected to the first stage of a partnership in five to seven years. The greater your professional experience, the sooner you can reach this level. The most senior position at McKinsey, you might be elected director come seven years after you are made partner.

How much does a partner at McKinsey actually make?

How much does a partner at McKinsey (or BCG or Bain) actually make? This is a fun topic to discuss. I remember being floored when I first joined BCG and saw the salary bands presented internally! Quick answer: between $500K – $5M. The fun part though is in the details that drive that variance.

What is the difference between BCG and McKinsey?

Level I. McKinsey – “Business Analyst” (BA) [or ” (Junior) Fellow” in some markets like Germany) BCG – “Associate”. Bain – “Associate Consultant” (AC) Description: First two years out of undergraduate degree. Level II. McKinsey – “Associate” (ASC) BCG – “Consultant”. Bain – “Consultant”.

What is the salary of a junior partner at BCG?

For example, at BCG there are junior partners referred to just as “Partner” and then senior partners called “Partner and Managing Director.” At Bain, they have a similar tiering: junior partners are called “Operational VPs” and senior partners are “Directors.” Base salaries by partner level Junior partner: $350 – $500K

What is the salary of a senior partner at Bain & Co?

At Bain, they have a similar tiering: junior partners are called “Operational VPs” and senior partners are “Directors.” Base salaries by partner level Junior partner: $350 – $500K Senior partner: $500 – $650K